Global X Russell 2000 Covered Call ETFGlobal X Russell 2000 Covered Call ETFGlobal X Russell 2000 Covered Call ETF

Global X Russell 2000 Covered Call ETF

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Key stats


Assets under management (AUM)
‪1.43 B‬USD
Fund flows (1Y)
‪9.34 M‬USD
Dividend yield (indicated)
11.74%
Discount/Premium to NAV
−0.5%

About Global X Russell 2000 Covered Call ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.60%
Inception date
Apr 17, 2019
Index tracked
CBOE Russell 2000 BuyWrite Index
Management style
Passive
RYLD tracks the Russell 2000 index while holding a succession of one-month at-the-money option of the index. The fund follows a buy-write (or covered call) strategy on the underlying index, where it buys the constituent securities of the index, or purchases other investments with substantially identical economic characteristics. At the same time, the fund writes (or sells) call options that correspond to the index. This strategy has a few effects. One, the obligation of the sold calls limits the upside of the overall fund, and two, the premium income from the written calls protects the fund against stagnant prices or small losses.

Classification


Asset Class
Equity
Category
Size and style
Focus
Small cap
Niche
Broad-based
Strategy
Buy-write
Weighting scheme
Fixed
Selection criteria
Fixed

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 6, 2024
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF105.25%
Cash0.03%
Miscellaneous0.00%
Rights & Warrants−5.29%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows